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Lukoil, officially known as Lukoil Oil Company, is a prominent player in the electricity sector, specialising in petroleum and other oil derivatives. Headquartered in Russia, the company operates extensively across various regions, including Europe, the Middle East, and Africa. Founded in 1991, Lukoil has achieved significant milestones, establishing itself as one of the largest oil companies globally.
The company’s core offerings include crude oil production, refining, and the distribution of petroleum products, which are distinguished by their commitment to quality and innovation. Lukoil's strategic focus on sustainable practices and technological advancements has solidified its market position, making it a leader in the energy sector. With a robust portfolio and a reputation for reliability, Lukoil continues to drive progress in the oil and energy industry.
19
DitchCarbon score
+7 vs industry average
Lukoil’s score of 19 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Petroleum Electricity is among the most carbon-intensive industries
Industry performance
3.336
20182025
The Petroleum Electricity industry has reduced its overall emissions by 30% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Lukoil's reported carbon emissions
In 2023, Lukoil's Scope 1 emissions were 36,898,000,000 kg CO2e and Scope 2 emissions were 4,921,000,000 kg CO2e. For 2022, the company reported Scope 1 emissions of 41,202,000,000 kg CO2e and Scope 2 emissions of 5,685,000,000 kg CO2e. In 2021, Lukoil's Scope 1 emissions were 36,388,000,000 kg CO2e and Scope 2 emissions were 5,103,000,000 kg CO2e. The company has not disclosed Scope 3 emissions data. Lukoil aims to reduce its controlled Scope 1 and Scope 2 GHG emissions by 20% by 2024, compared to a 2017 baseline.
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Lukoil’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Lukoil1 month ago
19
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